3. Some points to check to help you decide
If you are in Northern Ireland, visit Universal Credit | nidirect
People on tax credits will be moved to Universal Credit by the end of 2024. You will not be able to go back to tax credits or any of the benefits that Universal Credit replaces once you apply for Universal Credit, so it’s important to check carefully before making a claim. Here are some things to consider, to help you decide:
- Check that you are eligible to claim Universal Credit; Search ‘Universal Credit eligibility gov.uk’ to find out more.
- Check your savings. Anyone with over £16,000 in savings or capital is not eligible for Universal Credit and should not apply. If you or your partner have over £6,000 in savings or capital, your Universal Credit payments will be lower.
- Check how Universal Credit recovers any outstanding debts you may have. Search ‘debt and deductions gov.uk’ to find out more.
- Use one of the independent benefits calculators to see if your entitlement to Universal Credit could be higher than the money the government pays you now. Search ‘benefits calculator gov.uk’ to find out more.
Please note that this is not a full list, and other factors may affect your decision. Before you claim Universal Credit, it’s important to get independent advice to check it’s right for you. You can check with a local benefits advisor to find out what you could be entitled to with Advice Local.